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50 Chamberlain St

17,680 SF 100% Leased Industrial Building Salinas, CA 93901 £2,817,128 (£159/SF) 4.90% Net Initial Yield

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Executive Summary

Town 'N Country Realty proudly presents an exceptional investment opportunity at 50, 80 & 88 Chamberlain Street. This offering comprises
two independent structures, collectively spanning 17,680 square feet of versatile light industrial warehouse space, strategically situated on a
1.03± acre lot.
Nestled at the intersecting corners of Chamberlain Street and Brunken Avenue, the property enjoys a coveted location less than one block
away from Abbott Street—one of Salinas's principal arterial roadways. This optimal positioning provides effortless access to a wide range of
commercial and logistic avenues.

50 80 88 Chamberlain Street Salinas CA Compressed 010325

Offering Memorandum

Financial Summary (Actual - 2024)	Annual	Annual Per SF
Gross Rental Income	£186,003	£10.52
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	£186,003	£10.52
Taxes	£33,806	£1.91
Operating Expenses	-	-
Total Expenses	£33,806	£1.91
Net Operating Income	-	-

Financial Summary (Actual - 2024)

Gross Rental Income
Annual	£186,003
Annual Per SF	£10.52

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	£186,003
Annual Per SF	£10.52

Taxes
Annual	£33,806
Annual Per SF	£1.91

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	£33,806
Annual Per SF	£1.91

Net Operating Income
Annual	-
Annual Per SF	-

Property Facts

Price	£2,817,128	Lot Size	1.03 AC
Price Per SF	£159	Rentable Building Area	17,680 SF
Sale Type	Investment	Number of Floors	1
Net Initial Yield	4.90%	Year Built	1969
Property Type	Industrial	Parking Ratio	1.7/1,000 SF
Property Subtype	Warehouse Industrial Distribution Showroom Industrial Service	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C

Price	£2,817,128
Price Per SF	£159
Sale Type	Investment
Net Initial Yield	4.90%
Property Type	Industrial
Property Subtype	Warehouse Industrial Distribution Showroom Industrial Service
Building Class	C
Lot Size	1.03 AC
Rentable Building Area	17,680 SF
Number of Floors	1
Year Built	1969
Parking Ratio	1.7/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

Fenced Lot

Lighting
Gas
Water
Sewer
Heating

1 of 1

PROPERTY TAXES

Parcel Number	002-491-019-000	Total Assessment	£248,615
Land Assessment	£68,670	Annual Taxes	£33,806 (£1.91/sf)
Improvements Assessment	£179,945	Tax Year	2024